ECONOMY

Analysing Nifty Performance In August 2021: Dolat Capital

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Nifty gave a positive return of 8.7% (9.1% in U.S. dollar) during the month.

The biggest gainer in the index was Bajaj Finance Ltd. (20.8%) and the biggest loser was UPL Ltd. (down 8.3%).

17 stocks outperformed the index and 33 underperformed. Most of the stocks in the banking, financial services and insurance sector outperformed the Index.

Major stocks in the BFSI and auto sector underperformed the index.

Among the Indices, IT index outperformed with a return of (13.4%) while media index underperformed with a negative return of (down 10.8%) during the month.

Nifty Midcap 50 gave a negative return of down 2% (down 1.7% in U.S. dollar term) during the month.

Click on the attachment to read the full report:

Dolat Capital Nifty Performance_31-Aug-2021.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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